Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$592,486$592,486$665,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$72,614$0
Funding fee$0$0$0
Note rate5.090%5.090%7.400%
Blended rate5.940%6.274%7.640%
1st payment$3,433.74$3,433.74$4,605.02
2nd payment$0.00$544.61$0.00
Taxes / mo$615.83$615.83$615.83
Insurance / mo$216.67$216.67$216.67
MI / mo$448.47$448.47$133.02
HOA / mo$195.00$195.00$195.00
Total monthly$4,909.71$5,454.32$5,765.54
Cash to close$146,514$73,900$73,900